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Trade Between Two Countries

Question 27

Multiple Choice

Trade between two countries


A) results in more choices and better prices for consumers of exported goods.
B) may cause job loss and firm closings in industries that compete with exported goods.
C) is always positive for both consumers and producers.
D) results in more choices and better prices for consumers of imported goods, but may cause job loss and firm closings in the industries that compete with imports.

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